
War Toll a Damper on Used Auto Prices
Cox Automotive found wholesale depreciation to be elevated in September amid high fuel prices and this year's unusual hurricane season.
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Cox Automotive found wholesale depreciation to be elevated in September amid high fuel prices and this year's unusual hurricane season.
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AutoNation predicts demand for new vehicles will continue into next year, as low-interest rates and robust demand helped the retailer boost quarterly earnings estimates.
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A Trump-era USMCA interpretation could subject used vehicles shipped to the U.S. to import fees.
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The frenzied sales fever that pushed new car sales to record heights is cooling, with demand for pre-owned vehicles returning to more normal levels.
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Lexus and Subaru rank highest for third consecutive year.
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High demand coupled with low inventory has spurred consumers to order the vehicle they want.
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Wholesale values continue to decline after a monstrous 22-consecutive weeks of gains; however, sales conversion rates were also down last week. We anticipate that dealers will begin gradually and moderately reducing their floors.
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The June Retention Index increased again, although at the slower rate, and broke yet another record, reaching 166.0 points.
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As auto loans and credit apps rise, it appears Americans are more willing to take on debt.
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A proposal that gives higher EV tax credits to union shops has caused controversy over preferential treatment for EV incentives.
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Wholesale values are finally starting to simmer down but make no mistake, supply channels haven’t been restored and the market remains strong.
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